Mobile Home Park Details
- Purchase Method: Cash, Seller Financing, New Loan
- Cap Rate: 8.7%
- Listing ID: 1261669
- Posted On: May 26, 2020
- Updated On: Aug 17, 2020
Description
Call (806)425-5856 for more info
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 22 |
| Total Occupancy: | 88.2 % |
| Year Built: | 1985 |
| Average MH Lot Rent: | $300 |
| Size: | 3 acre(s) |
Financial Information (Actual)
| Gross Income: | $102,708 |
| Operating Expense: | $45,989 |
| Net Operating Income: | $56,719 |
| Expense Ratio: | 44.8 % |
Lot Information
| Singlewide Lots: | 22 |
| Doublewide Lots: | 0 |
| Triplewide Lots: | 0 |
| Park Model Lots: | 0 |
RV Information
| Number of RV Lots: | 0 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 17 |
| Average Rent for Park-owned Homes: | $650 |
